If USDCAD breaks this yearly trendline again, it looks to be going for a retest of the weekly low. Fairly straightforward forecast, with big potential if 1.206 breaks. Area of interest would be down between 1.224 and 1.2155 .
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.